Export-Import, Banking, Customs Bond Management and Cash Incentive

Introduction:

This training is designed to make and build up the professional Capacity on how to execute the jobs of the most important wing of the company – “Commercial Sector”. Present business world, Commercial managers are required to not only possess skills in the area of Commercial wing, but they are required to be acquire knowledge and have the expertise in areas such as Banking, Customs, supply chain management, and decision making, Foreign Procurement Etc.

The trainers will take on a practical and case based approach to be a capable of efficient Commercial Manager. As a result, at the end of this training, participants will be an even more valuable and capable to improve the overall business performance of the organization. Corporate / Organizations in Bangladesh are ready to provide a high remuneration to prospective employees who have vast knowledge in the Commercial Sectors. 

How will participants benefit after this training?

1) Businessmen can reduce their Import- Export Business cost with the help of this course.

2) New Entrepreneurs will know A to Z Import Export business procedure and documentation.

3) Participants will be conversant about customs operating systems of Import- Export of Bangladesh and how to calculate duty and taxes.

Contents of Training:

Class-1         (Business Setup and Licensing)

1. Trade License issues
2. VAT/BIN License issues
3. E-Tin Issuing (Tax Identification Number)
4. Proprietorship/Partnership/Private Ltd./Public Ltd. company issues
5. Company Bank account setup issues
6. ERC (Export Registration Certificate) issues
7. IRC (Import Registration Certificate) Issues
8. Fire License issues
9. ECC (Environmental Clearance Certificate) issues
10. EPB (Export Promotion Bureau) license issues
11. MCCI (Metropolitan Chamber of Commerce & Industry) license issues
12. BGMEA/BKMEA membership issues
13. BIDA (Bangladesh Investment Development Authority ) membership issues
14. Customs Bond License issues

 Class-2         (Import procedure, Letter of Credit (L/C) with Banking)

1. UCP 600 (details of 1-39 Articles)
2. Proforma Invoice (PI) Finalization with H.S Code confirmation
3. S Code selection & details
4. Inco-terms (2020) for goods import purpose (FOB, FCA, CPT, CFR, Ex-Works etc.)
5. Insurance Cover Note (calculation for premium)
6. Import Permit (IP), Foreign TT Form
7. Foreign LC, EPZ LC & Local LC opening procedure
8. Costing of Importable goods
9. LC Application Bank & Advising Beneficiary Bank
10. Credit Assessment & Margin Depositing
11. LC or LC Amendment Transmission via SWIFT
12. Transferable LC (usually for buying house or local supplier)
13. Confirming LC or any bank applicable LC
14. Question and answer for Interview 

Class-3         (Import procedure, Letter of Credit (L/C) with Banking)

1. Different of Master LC and Local LC (Back To Back LC)
2. TT, RTGS payment to supplier (different bank) for import purpose
3. Freight forwarder booking for goods import
4. Documents checking for Airport or Sea port (as per LC or Incoterms)
5. Direct Air documents for goods release from Dhaka Airport (Invoice, Packing List, AWBL)
6. Sea documents for goods import from Chittagong (Invoice, Packing List, BL, COO)
7. Land port documents for goods release from Benapole. (Invoice, Packing List, BL)
8. EPZ documents for goods release purpose
9. Courier documents (DHL, FedEx, Elite etc.) goods release from Airport
10. IGM and its necessity. If IGM wrong how its possible to correct
11. ASYCUDA system, BB Dashboard update, Documents Retirement & checking
12. FOC goods and Sample goods release procedure
13. Bill of Entry discussion & filling the Bill of Entry
14. Calculation of duty tax for goods release purpose
15. Question and answer for Interview 

Class-4         (Export procedure and Export Execution)

1. Prepare Sales Contract or Master LC collect and checking
2. Purchase order (PO sheet) collect from buyer or respective concern
3. SOP or GSI collect from buyer
4. Communicate with production team and collect draft packing list
5. Prepare Packing list, Commercial Invoice and CBM calculation for Sea shipment
6. Detail discussion of Commercial Invoice, Packing list
7. Communicate with freight forwarder for Vessel Booking or container booking.
8. Discuss with various type of container measurement (FCL or LC cargo)
9. Follow up Ex-factory to forwarder
10. Discuss for IC (inspection certificate), PSI (pre-shipment inspection)
11. Prepare for final documentation as like Commercial Invoice, Packing list, EXP collect
12. EXP (export permit) procedure from Bangladesh Bank
13. Question and answer for interview 

Class-5         (Export procedure and Export Execution)

1. Final documents handover to C&F for Bill of Export submit and SO (shipping order)
2. Details of Bill of Export discussion, Stuffing and cargo dispatch
3. Draft Bill of Lading (BL) or FCR BL preparation for forwarder
4. Collect Loading Advice (LA) / vessel boarding from forwarder
5. Prepare documents for AIR shipment or Land port shipment
6. Calculation volumetric CBM for AIR shipment
7. Discuss with AWBL for air shipment
8. Documents assembly for payment
9. Question and answer for interview

 Class-6         (BGMEA/BKMEA/MCCI/EPB & Others)

1. Discuss about BGMEA/BKMEA organization
2. UD (Utilization Declaration) discerption and it’s needs for export import activities
3. Details discussion of UD (Part by Part/each column)
4. Documents need for UD prepare How many information need to entry in online UD and amendment UD
5. Discuss about UD Issues cost
6. Discuss about MCCI organization and its important
7. Why C.O (country of origin) needs for exporter or importer
8. How many documents need to issues C.O and COO issues cost
9. Discuss about EPB organization and its importance
10. How many documents need to issues G.S.P or EPB C.O and which country need
11. Discusses about REX certificate
12. EPB working procedure (GSP/REX/COO)
13. Discuss about EPB GSP, COO cost
14. Question and answer for interview 

Class-7         (Trade Finance, Banking, & Credit Management)

1. Discuss about Lien Bank and Advising Bank
2. Meaning of AD Bank code and various LC code discussion for Local and foreign LC
3. EDF LC process and its payment process to bank
4. UPAS LC and others LC discussion
5. Discussion about daily SOFR rate for UPAS LC payment
6. Different between At Sight LC and Differed LC and their payment process
7. Claim process to BD Bank for overdue LC payment from advising bank
8. LC commission process and bank profit
9. Discuss about Shipping Guarantee or Bank Guarantee process
10. Import documents retirement process and checking documents from bank
11. Discuss about Daily Trade Rate Sheet for banking transaction (USD buying and selling)
12. Discussion about Islamic Banking and General Banking procedure
13. Export documents submit to bank, payment realization and disbursement fund
14. Discussion about Discrepancy, Bank Acceptance, Bank Payment and SWIFT authorization
15. TT payment and its risk, if TT return then procedure
16. Regular follow Bank liability (Term Loan, LTR, BTB payment, PC Loan, Bill purchase, etc.)
17. Question and answer for interview

Class-8         (Customs Bond Management, Auditing and Cash Incentive)

1. General Bond Eligibility and Licensing authorization
2. Risk Bond & Duty Bond (General Bond)
3. Continues Bond and its activities
4. Difference between SBW & PBW
5. Bond Entitlement and why need Entitlement
6. DEDO and Input-Output Coefficients for goods production
7. Details discuss about UP and documents need for prepare
8. Consumption for dyes & chemical use as DEDO
9. Export-Import performance report procedure
10. Preparation for Annual Audit for Customs Bond purpose
11. CIS Cell Database from NBR
12. Cash Incentive and documentation process & fund claim to Bank
13. Question and answer for interview

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• Question & Answers Session
• List of related book reference
• Certificate Distribution